Jul 18, 2009 8:26 AM EST

Earl Watson, who was waived by the Thunder on Friday, will join the Pacers next week once he becomes a free agent.

Watson agreed to a one-year deal with Indiana on Friday night, but the financial terms of the contract were not yet known.

The addition of Watson will help fill the void left behind by Jarrett Jack if the Pacers don't match the four-year, $20 million offer sheet he signed with the Raptors.

Via Indianapolis Star